Studio · 531 sqftUPSIDE Living, Business Bay · 16th floor · completed 2023

1609, UPSIDE Living

Sold prices and rental history: sold once, by the developer in March 2025, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1609 · DLD and Ejari recordsUpdated 26 March 2025
Last soldAED 1.56M26 March 2025
Current rentAED 121K /yr23 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1609, UPSIDE Living

What is 1609 worth today?

Last sold for AED 1,564,163 in 2025

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26 Mar 2025Sold by developerReady
AED 1,564,163AED 2,947 per sqft
23 Apr 2024RentedNew contract
AED 121,000/yr12 months · AED 228 per sqft
10 Oct 2023RentedNew contract
AED 143,158/yr6 months · AED 270 per sqft

Source: Dubai Land Department. Updated 26 March 2025.

Key facts

Type
Studio apartment
Size
531 sqft
Floor
16th of 29
Parking
1
Developer
SRG
Completed
2023
Service charge
AED 10,300 /yr
Last sold
AED 1.56M · March 2025

About 1609, UPSIDE Living

1609 is a studio of 531 sqft on the 16th floor of UPSIDE Living, a 29-storey tower in Business Bay completed in 2023 by SRG. The developer sold it on 26 March 2025 for AED 1,564,163, or AED 2,947 per sqft, 4% below the AED 3,059 studios in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, signed on 23 April 2024, is AED 121,000 a year: a gross yield of 7.7% on the 2025 price, before the service charge of about AED 10,300 a year.

Sales and rents for 1609 over time

Sales
Unit 1609, each saleTypical studio in UPSIDE Living
1.4M1.6M20232024202520262027Typical sale price by year: 2023 AED 1,337,888; 2024 AED 1,376,388; 2025 AED 1,336,388; 2026 AED 1,427,388Sold by developer, March 2025: AED 1,564,163 (AED 2,947 per sqft)

1609 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1609, each contractTypical studio in UPSIDE Living
100K125K150K20232024202520262027Typical rent by year: 2023 AED 108,000; 2024 AED 100,000; 2025 AED 98,724; 2026 AED 99,000New contract, October 2023: AED 143,158 a yearNew contract, April 2024: AED 121,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in UPSIDE Living, and where 1609 sits

All 378 studios →

1609 last sold in March 2025 at AED 2,947 per sqft, 4% below what studios in UPSIDE Living were fetching at the time (AED 3,059). Over the last 12 months studios sold for AED 1,000,000 to 1,688,021, around AED 2,987 per sqft, and rent for AED 50,000 to 132,000 a year. 1609's AED 121,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
13 Feb 20261,280,000
13 Feb 20261,414,888
12 Feb 20261,679,888
11 Feb 20261,439,888
13 studio sales in the last 12 months

UPSIDE Living

Building

499 apartments, studios to 1-bed over 29 floors in Business Bay, completed in 2023 by SRG. 17 sold in the last 12 months.

Typical price per sqft
AED 2,987 Up 2.1%
Typical sale
AED 1.5M
Typical rent
AED 108K /yr
Typical yield
7.1%
UPSIDE Living, Business Bay: prices, sales and rents →

Other units on the 16th floor

All 499 units in UPSIDE Living
Value
1601StudioAED 1.2M · Mar 2025
1602StudioAED 964K · Mar 2025
1603StudioAED 1.38M · Mar 2025
1605StudioAED 1.37M · Mar 2025
1606StudioAED 1.33M · Mar 2025
1607StudioAED 1.7M · Mar 2025
1608StudioAED 1.2M · Mar 2025
1–7 of 19

1609, UPSIDE Living in numbers

  • Sold once: by SRG on 26 March 2025 for AED 1,564,163, or AED 2,947 per sqft.
  • Rented since October 2023 on 2 Ejari contracts, from AED 143,158 to AED 121,000 a year.
  • At AED 121,000 a year the gross yield on the 2025 price is 7.7%, before a service charge of about AED 10,300 a year (AED 19.34 per sqft).
  • Studios in UPSIDE Living sold for AED 1,000,000–1,688,021 in the 12 months to November 2026; the building's median across all types is AED 2,987 per sqft.

Source: Dubai Land Department. Updated 26 March 2025.

Questions about 1609, UPSIDE Living

What did unit 1609 last sell for?

AED 1,564,163 on 26 March 2025, sold by the developer: AED 2,947 per sqft for 531 sqft. It is the only registered sale of the unit.

What is the rent for unit 1609?

AED 121,000 a year on the contract signed on 23 April 2024. The previous contract, from October 2023, was AED 143,158.

How big is unit 1609?

531 sqft (49.3 sqm): a studio on the 16th floor of a 29-storey tower completed in 2023.

What is unit 1609 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in UPSIDE Living sold for AED 1,000,000 to 1,688,021 in the last 12 months, around AED 2,987 per sqft.

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Mortgage on 1609, UPSIDE Living

Starts from the last sale price (AED 1.56M, 26 March 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,564,163
Deposit, UAE resident (20%)
AED 312,833
Deposit, non-resident (40%)
AED 625,665
Monthly over 25 years at 3.7%
AED 6,399

Plus AED 70,705 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →